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'Pellet prices may touch $110 per tonne by July'

The merger with NMDC has not happened and we will continue to be an independent company like before. We will continue to procure iron ore from NMDC at the present market prices, until we are allotted captive mines. Presently, we buy iron ore fines from NMDC at long-term prices, which work out to Rs 1,663 per tonne of iron ore fines. Meanwhile, we are making efforts to secure another captive mine i

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